Apple profits soar 50% on record sales of 3.36 million Macs

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  • Reply 81 of 97
    brucepbrucep Posts: 2,823member
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  • Reply 82 of 97
    Quote:
    Originally Posted by solsun View Post


    Never?????



    Here's some perspective for you...



    http://finance.yahoo.com/echarts?s=A...urce=undefined



    That isn't perspective all that tells you is that line can go in reverse like it already did once. Stock was around 200.00 a share and it dropped to 78.00. Don't think Apple stock can't hit that again no matter how well the company does. Thats what most people here can't seem to grasp.



    Apple is following market trends and their stock is not a reflection of how well their business is doing which is often the case with the market. That was extremely clear last week. Its not even something thats up for debate.



    Apple could sell 10 million Macs in a month and if the market tanks Apple stock will follow the market in this recession. The market is and has always been about preception not reality.
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  • Reply 83 of 97
    Quote:
    Originally Posted by brucep View Post


    apples 60 day trading avg is $207 a share.



    apple stock in 90 days will be at $240 a share.



    or higher.



    5 billion in profit this quarter and no debt at all



    apple gross margin is at %40



    this shows us that apple is a very well run company with 5 or 6 hot irons in the fire and they buy and pay FOR materials they need a yrs in advance at very low prices .



    and as quadra 610 says

    APPLE did all this while in a great world wide economic downturn



    over time you would have lost tons of money by NOT investing in apple . YOU just bitch about apple

    <<<or you can be called our apple bitch >>>

    like when they plunged 10 points the other day .



    any way over time apple stock will slowly rise to 500 a share by 2016

    they may split 3x by then



    In three months Apple stock at the same place. In spite of record sales. This has nothing to do with bitching about Apple. Learn to read.
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  • Reply 84 of 97
    solipsismsolipsism Posts: 25,726member
    Quote:
    Originally Posted by extremeskater View Post


    Get a clue. If I bought Apple stock at around 9.00 a share how long have I been holding it? You talk out your ass most of the time.



    Hard to imagine you own any stock, much less Apple form $9, when you proclaim that record sales and profits "means nothing for the “shareholders”."
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  • Reply 85 of 97
    brucepbrucep Posts: 2,823member
    Quote:
    Originally Posted by extremeskater View Post


    Well seeing I bought most of my Apple stock years ago around 9.00 a share I guess I can't complain much. However this is where the recession does impact Apple, in the stock price. With quarter after quarter record sales the stock should be higher but the market is killing everyone.



    I posted here a few months ago it was the financials keeping the market elevated and clearly I was right on that when the market tanked 500 points last week when Obama decided he wanted to tax the banks and Apple stock fell victim along with everyone else.



    In any case its good to see Apple doing well. Hopefully the Tablet will end up doing what I want it to do. Rumors are getting rough these days.



    Quote:
    Originally Posted by extremeskater View Post


    In three months Apple stock at the same place. In spite of record sales. This has nothing to do with bitching about Apple. Learn to read.



    sorry i missed your point

    in this one case you are correct for some reason apple stock freezes at one price no matter what good news



    most of your posts seem anti apple so i was fooled

    maybe there hope for you yet !!!!

    kidding !!







    ps i will fix my post from before

    i am sorry



    peace 9
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  • Reply 86 of 97
    solsunsolsun Posts: 763member
    Quote:
    Originally Posted by extremeskater View Post


    That isn't perspective all that tells you is that line can go in reverse like it already did once. Stock was around 200.00 a share and it dropped to 78.00. Don't think Apple stock can't hit that again no matter how well the company does. Thats what most people here can't seem to grasp.



    Apple is following market trends and their stock is not a reflection of how well their business is doing which is often the case with the market. That was extremely clear last week. Its not even something thats up for debate.



    Apple could sell 10 million Macs in a month and if the market tanks Apple stock will follow the market in this recession. The market is and has always been about preception not reality.



    Alright, try this one then..



    7 years back, 5 years, back , 3 years back, 1 year back.. Go back as far as you like.. Sure, there are day to day, week to week, even sometimes monthly dips, but there is still a very obvious upward trend. And that my friend, is PERSPECTIVE..



    The below chart takes you back 5 years. Try going back 7 or 10, it gets even better.



    http://finance.yahoo.com/echarts?s=A...urce=undefined
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  • Reply 87 of 97
    Quote:
    Originally Posted by solipsism View Post


    Hard to imagine you own any stock, much less Apple form $9, when you proclaim that record sales and profits "means nothing for the ?shareholders?."



    You make alot of assumptions the only problem is most of them are incorrect. Actually it was 9.33 if I remember correctly. My comments to Quadra had nothing to do with holding stocks or day trading, of course you totally missed the point.



    It had to do with the fact that with the recession Apple sales are going to have very little do to with how their stock moves. Last week was a perfect example.



    Also record profits and sales do mean nothing to "shareholders" as you like to call them even if they own one stock if that stock can't take advantage of the earnings being reported. Which is this economy it can't.



    Right now the market is being run by the financials which was very clear last week. As they go so will the market and so will Apple. Yet again last week made that very clear.



    Everyone here wants to show the trend of Apple going from 78.00 to 203.00 this year. Only problem is they don't want to look at the trendn when Apple when from 200.00 to 78.00 and they act like that can't happen again. Which is fairly typical for this forum.



    If you read nothing else I wrote at least read this. The only point I was making is Apple is a victim of this economy like everyone else. I was only making a point its too bad their stock is being driven by the market trends rather then how well they are doing.
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  • Reply 88 of 97
    Quote:
    Originally Posted by solsun View Post


    Alright, try this one then..



    7 years back, 5 years, back , 3 years back, 1 year back.. Go back as far as you like.. Sure, there are day to day, week to week, even sometimes monthly dips, but there is still a very obvious upward trend. And that my friend, is PERSPECTIVE..



    The below chart takes you back 5 years. Try going back 7 or 10, it gets even better.



    http://finance.yahoo.com/echarts?s=A...urce=undefined



    There was an upward trend but now its been the same for a while. Also look at three year trend it hasn't always been upwards. The 52 week low was 82.33 down from 198.00 in Dec 07. Not exactly upwards. That my friend is reality.
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  • Reply 89 of 97
    brucepbrucep Posts: 2,823member
    Quote:
    Originally Posted by extremeskater View Post


    There was an upward trend but now its been the same for a while. Also look at three year trend it hasn't always been upwards. The 52 week low was 82.33 down from 198.00 in Dec 07. Not exactly upwards. That my friend is reality.



    what scares me is that with all the good news the stock is stuck as you say

    so if apple gets real bad news ???

    a real drop could happen



    maybe that would be a buying window ??
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  • Reply 90 of 97
    Quote:
    Originally Posted by extremeskater View Post


    There was an upward trend but now its been the same for a while. Also look at three year trend it hasn't always been upwards. The 52 week low was 82.33 down from 198.00 in Dec 07. Not exactly upwards. That my friend is reality.



    I'm thinking you seem to have a day-trader mentality extreme. Seriously look at the long-term performance of the stock from the 80s forward - even projected on a logarithmic scale the trend is strongly positive and continues upwards in spite of the dips, due to market factors et al.



    Anyone playing the short-term game is going to be nervous and unable to stand the month-to-month or quarter to quarter variances. The fact remains that Apple's performance together with other well-performing companies are softening the downward impacts in the market. The misfortunate other companies impact the Apple stock simply because Apple are part of only a small handful of companies bucking the market trends and trying to lift a heavily weighted loss market.



    But the facts are the facts: Apple's performance and profitability remain strong - in fact stronger than any analyst really gave them credit for. Which is which Muenster et al are finally up-valuing Apple stock predictions, based on the strength of their performance continuing through a very rough patch for the market.



    DISCLAIMER: I hold stock in AAPL, MSFT and several other technology companies. AAPL at the time of this commentary entry was posting 203.07USD.
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  • Reply 91 of 97
    solsunsolsun Posts: 763member
    Quote:
    Originally Posted by extremeskater View Post


    There was an upward trend but now its been the same for a while. Also look at three year trend it hasn't always been upwards. The 52 week low was 82.33 down from 198.00 in Dec 07.



    Exactly, so it has not "been the same for a while." I'm not denying there was a short term dip as the market and economy went into a recession.. But AAPL has recovered and has pretty much been a straight up shot for the past year. And despite the day to day movement, that 5 year chart from appx $40 to appx. $205 is the reality. Yours is just distorted.



    For comparison sake (or for a laugh,) take a look at this other tech giants 5 year chart:



    http://finance.yahoo.com/echarts?s=M...urce=undefined



    Now that is perspective!
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  • Reply 92 of 97
    Quote:
    Originally Posted by aaarrrgggh View Post


    Oh well, at least we are finished with the stupid subscription accounting.



    Hmm... so does this mean the end of free iPhone software updates? Will we now have to pay for the updates like iPod Touch owners? I ask only because Apple is now forecasting the value of future iPhone software upgrades at $25 per unit. Where in the world do you get a value for future software upgrades if your intention is NOT to charge for them?



    Anyone???
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  • Reply 93 of 97
    Quote:
    Originally Posted by ascii View Post


    With millions of Macs being sold every quarter, how come there isn't more software? Maybe there needs to be an App store type arrangement.



    Exactly... what kind of software are you talking about? Games? Sorry to say, but the Mac is not a gaming platform... but the Touch is... and it has it's App store
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  • Reply 94 of 97
    brucepbrucep Posts: 2,823member
    Quote:
    Originally Posted by ThePixelDoc View Post


    Exactly... what kind of software are you talking about? Games? Sorry to say, but the Mac is not a gaming platform... but the Touch is... and it has it's App store



    why can't apple buy EA and get going with a gaming empire ??
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  • Reply 95 of 97
    Quote:
    Originally Posted by brucep View Post


    why can't apple buy EA and get going with a gaming empire ??



    EA has a large amount of debt.
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  • Reply 96 of 97
    Quote:
    Originally Posted by astrosmash View Post


    They should buy Michael Dell.



    Not a high quality product.
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  • Reply 97 of 97
    Quote:
    Originally Posted by atsysusa View Post


    Not a high quality product.



    +1



    Dell should shut the company down and give the money back to the shareholders.
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